Murrey Math Oscillator Pro

-25%
Regular Price $346 Special Price $260

Select license

tooltip-discount-rules

Quantity Discount

  • 1 license:
  • 2 licenses:
  • 3 licenses:
  • 4 licenses:
  • 5 licenses:
  • 6-9 licenses:
  • 10-14 licenses:
  • 15-19 licenses:
  • 20-24 licenses:
  • 25-29 licenses:
  • 30- licenses:
  • 0% off
  • 20% off
  • 25% off
  • 30% off
  • 35% off
  • 40% off
  • 50% off
  • 55% off
  • 60% off
  • 65% off
  • 70% off

Upon purchasing this product, you will earn up to in your ZR Wallet

All sales are final and non-refundable What you’ll get with this one-time purchase
Resellable with Master Resell Rights new tab

Product Description

Murrey Math Oscillator Pro is a new oscillator calculated based on the position of price in relation to the midline of the Donchian channel, with options for price smoothing. Our calculation formula ensures that the indicator values oscillate between -100 and 100.

The Murrey Math's concept was then applied to this product to divide the range of the oscillator values into 8 regions (hence the product name):

  • Positive Quadrant 1st: 0 to 25
  • Positive Quadrant 2nd: 25 to 50
  • Positive Quadrant 3rd: 50 to 75
  • Positive Quadrant 4th: 75 to 100
  • Negative Quadrant 1st: 0 to -25
  • Negative Quadrant 2nd: -25 to -50
  • Negative Quadrant 3rd: -50 to -75
  • Negative Quadrant 4th: -75 to -100

For ease of recognition, the oscillator plot can be colorized in 8 different user-defined colors corresponding to these 8 quadrants.

A moving average of the oscillator was added to help generate reversal signals, which become the best value of this indicator:

  • A bullish reversal signal is provided if the oscillator crosses above its moving average in the lower zone.
  • A bearish reversal signal is provided if the oscillator crosses below its moving average in the upper zone.

The upper & lower zones are identified based on "Strict Mode":

  • "Strict Mode" enabled: The upper zone is above 75 and the lower zone is below -75.
  • "Strict Mode" disabled: The upper zone is above 50 and the lower zone is below -50.
Dedicated NinjaScript signals:
  • Signal_Trade: 1 = bullish, -1 = bearish, 0 = no signal
  • Signal_State:
    • 4 = positive quadrant 4th (75 → 100)
    • 3 = positive quadrant 3rd (50 → 75)
    • 2 = positive quadrant 2nd (25 → 50)
    • 1 = positive quadrant 1st (0 → 25)
    • -1 = negative quadrant 1st (0 → -25)
    • -2 = negative quadrant 2nd (-25 → -50)
    • -3 = negative quadrant 3rd (-50 → -75)
    • -4 = negative quadrant 4th (-75 → -100)

Software Changelog

  • 24 Nov 2022 - The indicator was released (build new).

Product Media

Hey, what are you looking for?

SPOTLIGHTED -> Most chosen by serious traders: [Package] Double Dragons Trading (-57%), [Sister Brand] King Kong Trading RK (-40%), MA Crossover (-25%), Smart Flattening (-30%)

New Release

New Products
From very happy customers... 500+ reviews →
  1. product_image Murrey Math Oscillator Pro $$
    5 5

    Excellent Programmer - Excellent Service

    I have been working with Pi for some time now and I am VERY VERY Glad I found him! I am using Smart Ruler, Superfast Ordering, and Active Market Monitor everyday. I even tested out Opening Print and it works perfectly -- no bugs and just like in the videos. If you are an Opening Range guy you can consider that one too. I mostly use Smart Ruler, Active Market Monitor and Superfast Ordering everyday. We have built 2 custom projects already including the super challenging Superfast Ordering! It was very challenging to get Ninja to to do what we wanted but were able to find a solution. I then CUSTOM CODED a MACRO to my keyboard so that I can just press one letter and get the order on the chart. :) :) Very nice. We will how much farther we can that the Order Placement Indicators. I also feel I have to say that Pi was very professional and communicative always - as other reviewers have said. Great guy - Definitely my go-to guy for my other indicator projects that I have to do. :) We actually have another project in the works! Which I cannot wait to try. :) hehe ~Cheers!

  2. product_image Murrey Math Oscillator Pro $$
    5 5

    Volume Delta

    My compliments to the programmer of the Volume Delta indicator. Easy to install, easy to use, easy to understand its purpose. Even I can understand and use this indicator and that’s saying a lot!

  3. product_image Murrey Math Oscillator Pro $$
    5 5

    BEST !!!

    Thanks for the absolute BEST indicators and the most creative, good-looking and useful website ninZa.co. You really DO HAVE the best website. Its graphic design is top and it's very easy to navigate and your gift of free indicators that are truly USEFUL is most appreciated. Thanks for all your hard work in this totally difficult environment! And Happy Holidays no matter what is your background. I am a Christian but we are ONE HUMAN RACE.

  4. product_image Murrey Math Oscillator Pro $$
    5 5

    Market Profile

    Market Profile (Flexible) for NT7 did not correctly show the price labels for financials instruments, ZB/ZN/ZF. It was fixed almost immediately after I reported the problem. Great response !!
    The indicator itself is very easy to use and very useful for me.

These testimonials may not be representative of the experience of other users or customers and do not guarantee future performance or success.

New Release

New Products

Various types of trading software products, all under one roof!

Please check out our NinjaTrader 8 indicators to find ones that fit your needs.

Today's Suggestions

Show all

New Products

Why ninZa.co?

Lifetime Benefits
  • Lifetime licenses
  • Lifetime upgrades
  • Lifetime support
With one-time payment, you receive all these perks without any hidden fees.
Great Value for the Price
  • Prices below market averages
  • Premium-grade indicators
  • Lifetime after-purchase assistance
Affordability doesn't compromise the essential, excellent, and elegant qualities that define our products.
One-stop Shop
  • 170+ indicators of various types
  • Comprehensive trading packages
  • HelloWin for backtesting, add-ons
Discover all essential indicators in one convenient location, and enjoy ongoing attractive discounts.
Premier Vendor
  • 30,000+ worldwide users
  • 10 years in the industry
  • Among top NinjaTrader 8 vendors
With our extensive experience, we have the industry skills and know-how to craft high-quality indicators.
World-class Support
  • Remote desktop assistance
  • Live chat support
  • Email assistance
Our dedicated team are committed to promptly addressing all your inquiries within 24 business hours.
Risk-Free Shopping
  • 30-day exchange
  • Straightforward process
  • No additional fees
Rest assured, our exchange program ensures your purchase is fully protected.